(03-25-2013, 03:50 PM)Shadow Wrote:(03-25-2013, 03:40 PM)DaJavoo Wrote: They had no choice other than to cut Cyprus out of the EU ~ and the LNG deposits outweigh the bank deposits. It's a helluva haircut and those pesky offshore 'investors' are not going to be all shits and giggles. Ramifications will certainly be interesting. I'm really kinda' surprised there was no last minute rescue from Russia ~ and that could be worrisome, because if they left billions on the table here...there must be a mega-shït load of gain sitting in the wings.
Could be Putin is content with this. all that oligarch money (or 60% of it lol) gets repatriated to Russia under his control and he never lifted a finger.
The next stage
Dutch Bank ABN Amro has sent a letter to clients this weekend informing them that they will halt extradition and physical delivery of their clients’ gold holdings effective April 1st!
I don't see that one, Shadow. The new bank operators aren't gonna' repatriate crap. Where/how are you seeing that one? tia